Shu Dian Co., Ltd.: Planning to purchase all equity of an independent third-party warehousing facility company, and using its land and buildings for production facilities.

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Everyday Economic News AI Express, February 26 — Shudi Co., Ltd. announced that the company’s stock price has deviated by more than 20% in cumulative terms over three consecutive trading days, indicating abnormal fluctuations in stock trading. The company is currently planning major matters, specifically: ① To focus on its main business, the company is planning to sell all shares of its secondary subsidiary, Huangshi Supply Chain Management Co., Ltd., to its actual controller; ② The wholly-owned subsidiary, Kunshan Huli Microelectronics Co., Ltd., is planning to purchase land use rights and buildings from an independent third party to establish a new printed circuit board manufacturing project and supporting facilities (referred to as “Huli Micro New Construction Project”); ③ The company is planning to acquire all equity of an independent third-party warehousing facility company, and use its land and buildings for production facilities.

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